The spending spigots are still wide open Meta Platforms and Microsoft are two of the so-called hyperscalers who are [plowing tens of billions of dollars into artificial intelligence]( ...

When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market ...

S&P 500 futures are up 0.5%. Dow Jones Industrial Average futures are gaining 0.4%. Nasdaq 100 futures are rising 0.7%. On Wednesday, the Dow Jones Industrial Average fell 137 points, or 0.31%, to 44, ...

That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double the same period the previous year. The bulk of it is going on chips and data centers to power generat ...

Find insight on Lloyds, Mediobanca, Bain Capital and CIMB Group in the latest Market Talks covering Financial Services. Gunjan Kedia is set to take the helm of the nation's largest regional bank in ...

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...

The Dow Jones Industrial Average is drying out just south of record highs above 45,000, with intraday price action testing ...

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...

The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of ...

Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...

Alibaba rolled out a new artificial intelligence model it says can outperform models from DeepSeek, OpenAI, and Meta Platforms.